Milestone: First time ever that VeChain wrote more transactions than bitcoin (in 24 hours)

It happened last Saturday, April 27th. A new smart contract was pumping huge amounts of transactions to the VeChain blockchain. Presumably a migration of Deloitte certificates switching from ETH to VET or the first milk product transactions by Bright Code. Exciting to see that only 1 smart contract is capable of doing this many transactions in such a short time.

The mainnet activity is growing esponentially, March activity was higher than December, January and February all together. And in April the mainnet processed more transactions than January, February and March all together. This means that the growth is esponential. Many of us back in November were scared about the price but especially the low usage of the mainnet. Its no longer the case and Vechain is incredibly undervalued and still ignored by mainstream media. Additionally total silence from CoinDesk and main youtubers for example... We can now see even NBA players twitting Sunny probably for some business assessment...

If someone told me that most of those articles are being paid for, but Vechain isn't doing that in order to keep the prices low during this early adoption stage, specially after they released the ToolChain, I would actually believe him and even agree that it makes sense, but only temporary.

By what metric are they undervalued? Until we see the scale of these expected partnerships and the average cost that they'll be paying then we can't really say that a $500M market cap is undervalued. If you compare it to the future best case scenario that everyone imagines then it definitely seems undervalued, but when you account for risk/uncertainty it doesn't look undervalued to me.

I do not think your tone helps you letting your message get through. Most of us think Its a migration of data. We might be wrong and it might be “a test Or Some shit” Or even a steady usage, But Nobody will listen to you like This.

It’s data migration from Deloitte and DNVGL. Pretty much everyone here knows it, but it’s exciting to watch nonetheless, especially considering these are the earliest times of VeChain’s journey, clearly we can expect much greater volumes down the line. Why so emotional?

Fudders are not even good with math. Surely since we have business driven activities, transactions are getting writtenin batches, thinking day by day, or considering weekends is useless. Not Cryptokitties usage...

A great picture of the situation might be taken analysing month by month, or even better, Q1 vs Q2 etc.

This is exciting and surprising that we surpassed BTC transactions for a 24 hour time period. Was thinking earlier that there is coming a time when Vechain will no longer be able to go unnoticed by mainstream crypto media like coindesk, and could very well capture the attention of the wider crypto community. If Vechain is able to impress companies like DNV GL, Delloitte, PWC, Haier, and others at this early stage it is exciting to ponder what the Vechain client landscape could look like in a couple years time.

VeChain is a global leading blockchain platform for products and information. In the past two years, VeChain has accumulated great amount of experience in providing blockchain solutions to various industries including liquor, auto, luxury goods, pharmaceuticals, retail, logistics, supply chain, food and cold storage etc. To view the full subreddit design visit https://old.reddit.com/r/Vechain/.